FSCS in-default register

Derek Parry (Life and Pensions) Limited

Declared in default8 June 2007FRN 116153

What this means for you

Because Derek Parry (Life and Pensions) Limited has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Derek Parry (Life and Pensions) Limited, which operated under FRN 116153, was declared in default by the Financial Services Compensation Scheme on 8 June 2007. The firm provided life and pensions financial services to UK consumers. Former customers of the firm may be entitled to FSCS compensation up to £85,000 for eligible claims, subject to the scheme's standard protection limits.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.